China coming ‘closer’ to US as ‘global power’, European ex-leader says

China is approaching the United States in terms of overall world power including economic mettle, a former European Commission leader and Portuguese prime minister said this week. The United States remains the “most important global power” but China is getting closer, said Jose Manuel Durao Barroso, the European Commission president from 2004 to 2014, pointing to US technology and finance among other aspects of its prominence. “China comes every time closer, from my point of view,” Durao Barroso...